Considering mortgage finance analysis, when buying a home, the lender may hold money in an escrow account to pay "<u>property taxes</u>."
<h3>What is an escrow account?</h3>
An escrow account is a specially made account in which it is used to manage your mortgages.
An escrow account is a form of savings account whereby mortgage service providers help manage on behalf of the escrow account holder
<h3>Money from the Escrow Account can be used to pay the following fees or charges:</h3>
- Property taxes
- Homeowners insurance
- Mortgage insurance premiums
Hence, in this case, it is concluded that the correct answer is option C. "<u>Property Taxes."</u>
Learn more about the escrow account here: brainly.com/question/2312030
Answer:
D. It measures a firm's ability to pay its long-term debts as they mature
Explanation:
The current ratio is a ratio of current assets and the current liability which is required to judge the liquidity of the short term.
Current ratio = (Total Current assets) ÷ (total current liabilities)
It is always expressed in times
The current assets equal to
= Cash balance + Short-term investments + Accounts and notes receivable + Inventories + Prepaid expenses, etc
And, the current liabilities
= Short-term obligations + Accounts payable
Answer:
Yes, Judy and Kristy do have an enforceable contract.
Explanation:
Kristy made a valid offer to Judy and Judy accepted.
In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.
<u>Answer:</u>
<em>True.
</em>
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<u>Explanation:</u>
The nominal GDP is the estimation of all the last products and enterprises that an economy created during a given year. It is arrived by utilizing the costs that are at present in the year in which the yield is delivered. In financial matters, an ostensible worth is communicated in money-related terms. For instance, a notable quality can change because of movements in amount and cost.
The real GDP is the all-out estimation of the entirety of the last products and ventures that an economy produces during a given year, representing inflation.
<u>Explanation:</u>
Walmart has been increasing its online retail operations and provides more promotions and offers such as free shipping. When Walmart offers product at such low prices compared to Target stores the company is forced to sell its products at competitive prices to stay in the business. To overcome this threat Target stores can also implement its online stores to minimize the threat and stay competitive.
Walmart has increased the business threat for target stores by opening new and convenient stores in the same place where Target stores are located. This reduces the business for Target stores. To be competitive Target stores have to increase its promotional and marketing activities.
